Hewlett Packard Enterprise (HPE) Invested Capital (2014 - 2026)
Hewlett Packard Enterprise's Invested Capital came in at $46.82 billion for fiscal Q3 2026 (quarter ended Jul 31, 2026), down 2.7% from $48.12 billion a year earlier but up 0.5% from the prior quarter.
Hewlett Packard Enterprise (HPE) Invested Capital (2014 - 2026) Analysis & Trends
For FY2025 (ended Oct 31, 2025), Hewlett Packard Enterprise's Invested Capital was $47.12 billion, up 9.3% from FY2024.
- Invested Capital has increased in each of the last three fiscal years, with a five-year compound annual growth rate of 8.0% (FY2020 to FY2025).
- Going back by fiscal year, Invested Capital was $43.13 billion in FY2024 (+28.4%), $33.59 billion in FY2023 (+3.8%), $32.37 billion in FY2022 (-3.3%) and $33.47 billion in FY2021 (+4.5%).
- The five-year range for quarterly Invested Capital is $32.37 billion (fiscal Q4 2022) to $48.12 billion (fiscal Q3 2025).
- Year-over-year, Invested Capital increased in seven of the last eight quarters, with growth averaging 18.5%.
- The fastest year-over-year change in Invested Capital over five years came in fiscal Q3 2025 (growth of 41.8%), and the weakest in fiscal Q1 2023 (a decline of 4.2%).
- Business Quant data shows HPE's Invested Capital at $46.6 billion (Q2 2026), $46.45 billion (Q1 2026) and $47.12 billion (Q4 2025) in the three fiscal quarters before Q3 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 5,054.67 Bn | 4,802.16 Bn | 54.77 Bn | 191.86 Bn |
| 2 | Cisco Systems | 428.13 Bn | 364.06 Bn | 11.06 Bn | 79.82 Bn |
| 3 | Dell Technologies | 296.18 Bn | 251.93 Bn | 9.83 Bn | 33.04 Bn |
| 4 | Arista Networks | 229.70 Bn | 183.15 Bn | 1.91 Bn | - |
| 5 | Sandisk | 195.83 Bn | 184.35 Bn | 7.58 Bn | 15.74 Bn |
| 6 | Sony | 149.07 Bn | 86.33 Bn | 6.53 Bn | 61.63 Bn |
| 7 | Seagate Technology Holdings | 143.82 Bn | 138.81 Bn | 1.90 Bn | 5.73 Bn |
| 8 | Western Digital | 117.75 Bn | 105.88 Bn | 2.03 Bn | 9.92 Bn |
| 9 | Hewlett Packard Enterprise | 74.55 Bn | 52.43 Bn | 4.93 Bn | 46.82 Bn |
| 10 | Lumentum Holdings | 63.05 Bn | 54.86 Bn | 477.30 Mn | 6.28 Bn |
Historic Data
| Date | Value |
|---|---|
| Jul 31, 2026 | 46.82 Bn |
| Apr 30, 2026 | 46.60 Bn |
| Jan 31, 2026 | 46.45 Bn |
| Oct 31, 2025 | 47.15 Bn |
| Jul 31, 2025 | 48.12 Bn |
| Apr 30, 2025 | 41.46 Bn |
| Jan 31, 2025 | 43.16 Bn |
| Oct 31, 2024 | 43.13 Bn |
| Jul 31, 2024 | 33.94 Bn |
| Apr 30, 2024 | 32.99 Bn |
| Jan 31, 2024 | 34.27 Bn |
| Oct 31, 2023 | 33.64 Bn |
| Jul 31, 2023 | 34.03 Bn |
| Apr 30, 2023 | 33.80 Bn |
| Jan 31, 2023 | 32.99 Bn |
| Oct 31, 2022 | 32.41 Bn |
| Jul 31, 2022 | 34.54 Bn |
| Apr 30, 2022 | 34.08 Bn |
| Jan 31, 2022 | 34.44 Bn |
| Oct 31, 2021 | 33.47 Bn |
Hewlett Packard Enterprise Invested Capital API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=invested-capital&ticker=HPE&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "invested-capital", "ticker": "HPE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=invested-capital&ticker=HPE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();